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MARKETS / NASDAQ / NEXT
NASDAQ · NATURAL GAS TRANSMISISON & DISTRIBUTION · LARGE CAP

NextDecade Corp. NEXT

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$0
$-429.6M
▼ 254.9% YoY
$-5.0B
Growth
Revenue, FY2025 · full 11-year series below
Revenue $M Net income $M
FY2025 · Revenue 0.0 · Net income -429.6
100M200M-200M-400M201520172019202120232025
Compound annual growth
+117.8%
+32.2%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
ROE
FY2025 · ROE -181.7%
50%-50%-100%-150%201520172019202120232025

Each USD of equity lost 182 cents this year.

Cash & shareholders
USD 16.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF -5.0
-2B-4B201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 16.9
-100M-200M201520182019202020212022202320242025

USD 16.9M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 12.4B
EquityUSD 95.3M
CashUSD 143.8M
Gross debtUSD 8.5B
Net debtUSD 8.4B
Current ratio0.54×

Net debt stands at 8776% of equity.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue $B0.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.2−0.2−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.2−0.2−0.1−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Income tax $B0.0··0.00.00.00.00.0···
Net income $B−0.40.3−0.2−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B−5.0−2.7−1.8−0.1−0.0−0.1−0.1−0.0−0.0−0.0−0.0
EPS, diluted $−1.17−0.24−0.94−0.65−0.34−0.24−0.45−0.41−0.35−0.09−0.14
Dividend / sh $···········
Payout %··········−395
ROE %−181.783.4−129.5−161.8−54.9−19.1−41.5−45.0−41.3−0.6−0.3
Shares out B·0.260.260.140.120.120.120.110.110.100.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 44 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 32 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityNatural Gas Transmisison & Distribution
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2015

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